Zen Corporation Group Public Company Limited 782/1 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND Tel: 02-0195000 18 February 2019 No. ZEN 2562-008 Subject Management Discussion and Analysis for 9

. - Management fee income in Q1/2019 amounted 20.81 million baht increased by 10.81 million baht or 108.10% from 10.00 million baht in Q1/2018 due to the increase in revenue from joint venture project and juristic

. - Management fee income in Q2/2019 amounted 21.56 million baht increased by 8.88 million baht or 70.03% from 12.68 million baht in Q2/2018 due to the increase in revenue from joint venture project and juristic

million due to restructured Food Business of Central Kitchen for increasing efficiency in operation’s management. Net Profit (Loss) Net profit excluded non-recurring items (Normalized profit) in the fiscal

Padaeng Industry Public Company Limited and its subsidiaries _______________________________________________________________ Management Discussion and Analysis (MD&A) For the three-month and six

baht or decreased by 19.14 % revenue rate compare with the previous year. Most of other revenue are from room management for customers who participated in the return guarantee program of compensation and

October 30, 2020 Subject: The Management Discussion and Analysis for the second quarter ended June 30, 2020 To: President The Stock Exchange of Thailand Well Graded Engineering Public Company Limited (“the

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The third quarter of 2017/18 (ended 31 December 2017) 1 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 3Q 2017/18 12 FEB 2018 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS Advertising